Access

You are not currently logged in.

Access your personal account or get JSTOR access through your library or other institution:

login

Log in to your personal account or through your institution.

Tenure Choice and the Demand for Housing

J. Vernon Henderson and Yannis M. Ioannides
Economica
New Series, Vol. 53, No. 210 (May, 1986), pp. 231-246
DOI: 10.2307/2553951
Stable URL: http://www.jstor.org/stable/2553951
Page Count: 16
  • Download ($43.00)
  • Subscribe ($19.50)
  • Cite this Item
Tenure Choice and the Demand for Housing
Preview not available

Abstract

This paper deals with the estimation, by means of nonlinear methods, of preference parameters from observation of behaviour in housing markets. It differs from previous work on housing market behaviour in several important aspects. First, it treats the choice of tenure mode-that is, whether to rent or own-and the housing consumption decision as a joint decision. Second, it explicitly uses the same behavioural model in analysing these discrete and continuous elements of housing market behaviour. Third, it allows for an analysis of the role of capital market imperfections and discriminatory practices in constraining housing market decisions.

Page Thumbnails

  • Thumbnail: Page 
[231]
    [231]
  • Thumbnail: Page 
232
    232
  • Thumbnail: Page 
233
    233
  • Thumbnail: Page 
234
    234
  • Thumbnail: Page 
235
    235
  • Thumbnail: Page 
236
    236
  • Thumbnail: Page 
237
    237
  • Thumbnail: Page 
238
    238
  • Thumbnail: Page 
239
    239
  • Thumbnail: Page 
240
    240
  • Thumbnail: Page 
241
    241
  • Thumbnail: Page 
242
    242
  • Thumbnail: Page 
243
    243
  • Thumbnail: Page 
244
    244
  • Thumbnail: Page 
245
    245
  • Thumbnail: Page 
246
    246